Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.
Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.
We are recruiting to fill the position below:
Job Title: Officer, Settlements
Job ID: 80451772A-0001
Location: Walter Carrington Crescent, Lagos
Job Type: Full-time
Business Segment: Corporate & Investment Banking
Job Description
Securities Settlement for Equities, Fixed Income (NGN) and Eurobonds:
- Monitor settlement instructions received on BaNCS and ensure no instruction is missed.
- Ensure proper matching of instructions received with Counter Party for fixed income and brokers contract notes for Equities.
- Following up with Brokers and/or clients on missing instructions /contract notes
- Sending of non-matching MT548 to swift enabled clients and emails to other clients for trades not matched.
- Monitor settlement instructions received on BaNCS and ensure no instruction is missed
- Loading trades manually on Bancs for non-swift enabled clients.
- Repairing trades that do not come in STP.
- Ensure that MT548 for late and failing trades are sent on Bancs.
- Manually prepare cash projection report for requesting clients.
Qualifications
- BSc in Economics or related field.
- Relevant Professional certification can be an added advantage.
Experience:
- Minimum 2years experience within the corporate financial service sector
- Proficiency in MS Excel package will provide added advantage.
Additional Information:
Behavioural Competencies:
- Checking Things
- Developing Expertise
- Embracing Change
- Following Procedures
- Interacting with People.
Technical Competencies:
- Client Servicing
- Continuous Process Improvement
- Deal or Trade Life Cycles
- Local Market Knowledge
- Settlement Process
- Settlement Systems.
Application Closing Date
Not Specified.
https://www.hotnigerianjobs.com/hotjobs/887475/officer-settlements-at-stanbic-ibtc-bank.html